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YAGI, Ordinary Profit Forecast for the Fiscal Year Revised Upward by 21%, Raises Record High Profit Forecast, Dividend Revised Upward by 36 Yen
7460 YAGI & CO.,LTD. 【J-GAAP】
Earnings ReportYAGI & CO.,LTD. <7460> [TSE Std] announced its financial results after the market closed on February 9th (16:00). The consolidated ordinary profit for the cumulative third quarter of the fiscal year ending March 2026 (April to December) expanded 4.56 billion yen, an increase 59.2% compared to the same period last year.
In addition, the full-year forecast for consolidated ordinary profit has been revised upward 21.1%, from the previous forecast of 3.80 billion yen to 4.60 billion yen (compared to 3.76 billion yen in the previous period), increasing the growth rate from 0.9% to 22.1%, further surpassing the previous forecast of record-high profits for two consecutive terms.
Based on the full-year plan announced by the company after the upward revision, our estimate of the consolidated ordinary profit for the October to March period (second half) is expected to increase 38.4%, from the previous forecast of 2.08 billion yen to 2.88 billion yen (compared to 2.68 billion yen in the same period of the previous year), turning to a 7.5% increase in the consolidated ordinary profit outlook.
In light of the strong performance, the company has significantly increased its planned annual dividend for the current fiscal year from the original plan of 111 yen to 147 yen (compared to 90 yen in the previous period).
In the most recent three-month period, from October to December (3Q), the consolidated ordinary profit increased 59.5% from the same period last year, reaching 2.85 billion yen. The operating profit margin significantly improved from 7.3% in the same period last year to 10.8%.
Kabutan News
Actual Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Progress Rate vs. First Half | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Apr - Dec, 2023 | 62,460 | 2,472 | 2,635 | 1,776 | 213.7 | 82.2 | Feb 13, 2024 | J-GAAP |
| Apr - Dec, 2024 | 61,643 | 2,720 | 2,868 | 1,953 | 233.6 | 76.2 | Feb 7, 2025 | J-GAAP |
| Apr - Dec, 2025 | 63,364 | 3,944 | 4,565 | 3,579 | 430.3 | 99.2 | Feb 9, 2026 | J-GAAP |
| YoY | +2.8% | +45.0% | +59.2% | +83.3% | +84.2% |
Guidance Update
Second Half Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2025 Prev | 50,459 | 2,221 | 2,086 | 975 | 120.1 | 61 | Nov 10, 2025 | J-GAAP |
| Oct - Mar, 2025 New | 44,459 | 2,621 | 2,886 | 1,825 | 224.7 | 97 | Feb 9, 2026 | J-GAAP |
| Revision Rate | -11.9% | +18.0% | +38.4% | +87.2% | +87.2% |
Full Year Update
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2026 Prev | 90,000 | 3,600 | 3,800 | 2,650 | 326.3 | 111 | May 12, 2025 | J-GAAP |
| Mar, 2026 New | 84,000 | 4,000 | 4,600 | 3,500 | 431.0 | 147 | Feb 9, 2026 | J-GAAP |
| Revision Rate | -6.7% | +11.1% | +21.1% | +32.1% | +32.1% |
Current Period Guidance
Second Half Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Mar, 2024 | 44,073 | 2,482 | 2,685 | 1,911 | 228.5 | 90 | May 12, 2025 | J-GAAP |
| Oct - Mar, 2025 Guidance | 44,459 | 2,621 | 2,886 | 1,825 | 224.7 | 97 | Feb 9, 2026 | J-GAAP |
| YoY | +0.9% | +5.6% | +7.5% | -4.5% | -1.7% |
Current Period Guidance
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Adj. Dividend | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Mar, 2024 | 82,846 | 3,181 | 3,205 | 2,075 | 249.5 | 63 | May 10, 2024 | J-GAAP |
| Mar, 2025 | 83,376 | 3,572 | 3,766 | 2,625 | 313.9 | 90 | May 12, 2025 | J-GAAP |
| Mar, 2026 Guidance | 84,000 | 4,000 | 4,600 | 3,500 | 431.0 | 147 | Feb 9, 2026 | J-GAAP |
| YoY | +0.7% | +12.0% | +22.1% | +33.3% | +37.3% |
Quarterly Results
| Fiscal Year | Revenue | Operating Profit | Ordinary Profit | Net Profit | Adj. EPS | Operating Profit Margin | Announce | Accounting Standards |
|---|---|---|---|---|---|---|---|---|
| Oct - Dec, 2024 | 22,340 | 1,630 | 1,787 | 1,239 | 148.2 | 7.3 | Feb 7, 2025 | J-GAAP |
| Jan - Mar, 2025 | 21,733 | 852 | 898 | 672 | 80.4 | 3.9 | May 12, 2025 | J-GAAP |
| Apr - Jun, 2025 | 19,717 | 762 | 1,003 | 639 | 76.3 | 3.9 | Aug 4, 2025 | J-GAAP |
| Jul - Sep, 2025 | 19,824 | 617 | 711 | 1,036 | 123.4 | 3.1 | Nov 10, 2025 | J-GAAP |
| Oct - Dec, 2025 | 23,823 | 2,565 | 2,851 | 1,904 | 228.9 | 10.8 | Feb 9, 2026 | J-GAAP |
| YoY | +6.6% | +57.4% | +59.5% | +53.7% | +54.5% |
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